{"id":235885,"date":"2024-01-25T20:55:25","date_gmt":"2024-01-25T15:25:25","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=235885"},"modified":"2024-01-25T20:55:25","modified_gmt":"2024-01-25T15:25:25","slug":"usd-cad-could-stabilise-but-the-loonie-remains-less-attractive-than-the-likes-of-nok-and-aud-ing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-cad-could-stabilise-but-the-loonie-remains-less-attractive-than-the-likes-of-nok-and-aud-ing-crypto-news\/","title":{"rendered":"USD\/CAD could stabilise, but the Loonie remains less attractive than the likes of NOK and AUD \u2013 ING &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>The Canadian Dollar (CAD) weakened following the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/boc\">BoC<\/a> announcement. Economists at ING analyze Loonie\u2019s outlook.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/CAD set to move below 1.3000 in the second half of the year<\/h2>\n<blockquote>\n<p>It is key to remember that CAD has been tracking quite closely the dynamics in US data, and that may remain the case until a broader USD decline emerges and favours pro-cyclical currencies such as CAD.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>We target a move in USD\/CAD below 1.3000 in the second half of the year but still see CAD as less attractive than other pro-cyclical currencies like NOK and AUD this year \u2013 also due to our expectations for large rate cuts in Canada.<\/p>\n<\/blockquote><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Canadian Dollar (CAD) weakened following the BoC announcement. Economists at ING analyze Loonie\u2019s outlook. USD\/CAD set to move below 1.3000 in the second half of the year It is key to remember that CAD has been tracking quite closely the dynamics in US data, and that may remain the case until a broader [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":24144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[10162,299,201,697,248,251,246,257,255,684,250,252,247,253,249,498,256,254],"class_list":["post-235885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audcad","tag-banks","tag-blockchain","tag-boc","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-interestrate","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdcad","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/235885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=235885"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/235885\/revisions"}],"predecessor-version":[{"id":235886,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/235885\/revisions\/235886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/24144"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=235885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=235885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=235885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}